Nov 25, 2010

#BDS: Scandinavian funds divest from companies involved in occupation of Palestinian land

Israel Divestment poster (image from bdsmovement)

Activists with the Boycott, Divestment and Sanctions movement (http://www.bdsmovement.net) claimed another victory on Wednesday as Swedish and Norwegian pension funds announced their divestment from companies doing business in Israeli settlements or with the Israeli military occupying Palestinian land.

This announcement is just the latest in a series of divestments from Israeli and foreign companies contracted with the Israeli military or settlements. The American Council of Churches has pushed for 'responsible investment' that excludes companies engaged in human rights abuses anywhere in the world.

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